August 02, 2021 | 10:43
SHB will soon handle all debts of Vinashin and purchase all bonds held by VAMC this year thanks to increasing loan-loss provisioning.
October 16, 2019 | 14:57
The High-level People’s Court in Hanoi on October 14 increased the penalty imposed on one of the four defendants charged with “abusing position and power to appropriate assets” at the State-run Vietnam Shipbuilding Industry Group (Vinashin).
June 14, 2019 | 15:10
Former Chairman of the Council of Members of the State-run Vietnam Shipbuilding Industry Group (Vinashin) Nguyen Ngoc Su was sentenced to 13 years in prison for the charge of “abusing position and power to appropriate assets” at a first-instance trial in Hanoi on June 12.
June 13, 2019 | 10:22
The Hanoi People’s Court on Wednesday sentenced four former leaders of State-run Vietnam Shipping Industry Corporation (Vinashin), now the Shipbuilding Industry Corporation (SBIC) for abusing their positions and power to appropriate assets at the first instance trial in Hanoi.
January 07, 2019 | 17:27
Dispelling the legal deadlock around My Trung IP is the only way to recover Hashin Co. JSC’s $23.3 million debt to SBIC.
December 12, 2018 | 10:21
Truong Van Tuyen, former general director of Vinashin has been accused of involvement in the appropriation of $4.57 million in interests paid by Oceanbank.
October 16, 2012 | 08:15
Vinashin Business Group is awaiting its turn to get back to a safe haven – the Ministry of Transport.
September 28, 2011 | 09:57
State-owned Vietnam Shipbuilding Industry Corporation’s frauds cost the state budget VND907 billion ($45.35 million), the Ministry of Public Security has said.
January 11, 2011 | 08:00
Vinashin’s infamous financial woes are taking its toll on the overseas bond issuance plans of Vietnam’s state-owned business giants.
December 22, 2010 | 17:00
The chairman of troubled shipbuilding group Vinashin, Nguyen Ngoc Su, spoke to Tin Tuc (News) newspaper about rumours that Credit Suisse had refused to extend repayment of its first $600 million of a total $4.2 billion debt.
December 19, 2010 | 20:21
Troubled state-owned shipbuilder Vinashin is rushing to resume production plans to cover its huge debts.
December 13, 2010 | 14:19
“It has underscored the need to professionalise the management structures of Vietnam’s SOEs”
November 24, 2010 | 16:33
Cash strapped Vinashin may bounce back in four years thanks to its restructuring plan, Minister of Transport Ho Nghia Dung tells VIR online.
November 20, 2010 | 23:18
Vinashin hopes to pay all debts after completing its restructuring plan in 2013, said the group’s newly-appointed Chairman Nguyen Ngoc Su.
November 19, 2010 | 14:44
Vietnamese Prime Minister Nguyen Tan Dung yesterday signed a decision approving restructuring plan for troubled Vinashin group to restore it as a key player in the country’s shipbuilding industry.